Zilliqa (ZIL) is a new entity in the cryptography market and in just eight months is already posing a major threat to Ethereum. The system remained out of the media spotlight but focused instead on developing its infrastructure and filling the existing gaps that Ethereum has overlooked.
The growth of the platform has been constant but the main project team seems to have forgotten the importance of marketing its product. The current growth of the platform is the result of the robust infrastructure and technology that drives the network. The performance of the system to date has been the marketing tool for technology experts, but for the occasional investor the price value is the one that drives up.
What many Zilliqa worshipers and adopters know is that the platform offers unsurpassed throughput, well it is currently the safest dApp hub and offers a good environment for intelligent contract delivery. All these features may seem familiar with other platforms, but that's why Zilliqa stands out.
Zilliqa is protected against Sybil Attacks
Zilliqa is very practical when it comes to protecting your network. The platform uses the practical Byzantine fault tolerance (pBFT) functionality to strengthen the systems consensus governance. This is supported by job tests that offer complete protection against Sybil threats.
The pBFT technology has an advantage over the bitcoin consent protocol. It does not need to confirm the block to terminate any transaction initiated. The process is sharded authenticated before reaching the block so it does not require any authentication. This process reduces network congestion to provide fast transactions that keep costs down associated
Zilliqa offers sharding functionality
Sharding technology is the first for Zilliqa in the blockchain industry. This reduces the weight of the network to make transactions smooth and fast. Storage bottlenecks have been a huge problem for Ethereum and are exploring ways to implement Sharding as well. The problem reduced the Ethereum transaction steeds and increased costs.
Sharding breaks huge blocks of knots which, in turn, improve performance. At the time of printing, the performance bar of Zilliqa's websites indicated 2,837 TPS. However, the stress test is still ongoing and the exact TPS has yet to be ascertained. The project team assured the community that the speeds will be reached before the migration from Ethereum to their autonomous network at the end of January 2019.
Reduction of the dependency of the work trial on Zilliqa
Zilliqa network is not based on the work trial in an attempt to keep Sybil's attacks at bay. PoW sessions are distributed among several hundred blocks to benefit from PoW protection on the network. This reduces both the cases of attacks and the amount of energy consumed. The team is also exploring the openness of cross-cutting capabilities by adding ZK-Snarks in an effort to add the private money function in the near future.
As a platform focused on dApp, taking care of investors eager to maintain their privacy, the platform has become attractive to a mix of investors, a function that Ethereum has not been able to implement. Zilliqa is ready to be the principal beneficiary
Zilliqa Future Looks Bright
Zilliqa (ZIL) has attracted a lot of interest from high profile companies as part of many new projects that have chosen Ethereum. of its strategic partners and it is only a matter of time before it overcomes the popularity of competition in the market. Infoteria, a Japanese software and media company, has announced its partnership with Zilliqa.
Zilliqa seems not to be comfortable with Ethereum and have indicated that they are leaving the ecosystem and creating their blockchain. The drastic popularity of Ethereum is the result of a spike in transaction fees and network congestion. This will help Zilliqa to position itself as the preferred option on the market.